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Mr. James has two coupon bonds with different maturities. Bond A has 10 years of maturity, while bond B has 30 years of maturity. Both

  1. Mr. James has two coupon bonds with different maturities. Bond A has 10 years of maturity, while bond B has 30 years of maturity. Both the bonds have 10% coupon rates paid annually and a par value of $100. If the yield to maturity changes from 5% to 6%, what is the percentage change in the price of each bond?

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